Earlier on 15 January 2015, RBI had changed repo rate by 25 basis points from 8.0 percent to 7.75 percent.

Statutory Liquidity Ratio: SLR refers to the proportion of its total NDTL that the bank has to maintain in form of liquid assets. These liquid assets can either be cash or gold or unencumbered government securities. This directly affects the proportion of funds that the bank can lend.